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Home Industries Company News

Investor Beware: These Companies Are Set To Be Delisted From The Nigerian Stock Exchange

Nairametrics by Nairametrics
June 24, 2013
in Company News, Politics
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NSE

 

The Nigerian Stock Exchange recently delisted some companies from trading on the floor of the Nigerian Stock Exchange. It is important to note these names especially for investors who may be dubiously lured into purchasing the shares in these companies.

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S/N COMPANY DATE DELISTED REASON FOR DELISTING
1 IMPRESIT BAKOLORI PLC 2002  Voluntary
2 DUMEZ NIGERIA PLC 2002  Regulatory: NSE
3 CFOA NIGERIA PLC 2007  Voluntary
4 ACEN INSURANCE PLC 2008  Regulatory: NAICOM
5 ATLAS NIGERIA PLC 2008  Regulatory: NSE
6 CERAMICS MFG. COY. PLC 2008  Regulatory: NSE
7 AMICABLE INSURANCE PLC 2008  Regulatory: NAICOM
8 BAICO INSURANCE PLC 2008  Regulatory: NAICOM
9 BEVERAGES (WA) NIG. PLC 2008  Regulatory: NSE
10 ENPEE PLC 2008  Regulatory: NSE
11 TATE INDUSTRIES PLC 2008  Regulatory: NSE
12 MAUREEN LAB. PLC 2008  Regulatory: NSE
13 RIETZCOT NIGERIA PLC 2008  Regulatory: NSE
14 INTRA MOTORS NIG. PLC 2008  Regulatory: NSE
15 AVIATION DEV. COY. PLC 2008  Regulatory: NAICOM
16 GROMMAC INDUSTRIES PLC 2008  Regulatory: NSE
17 ONWUKA HI-TEK. PLC 2008  Regulatory: NSE
18 NIGERIAN LAMPS PLC 2008  Regulatory: NSE
19 NIGERIAN YEAST & ALCAHOL MFG. PLC 2008  Regulatory: NSE
20 SECURITY ASS. PLC 2008  Regulatory: NAICOM
21 SUN INSURANCE PLC 2008  Regulatory: NAICOM
22 NIGERIAN TEXT. MILLS PLC 2008  Voluntary
23 FOOTWEAR MFG. PLC 2009  Regulatory: NSE
24 FERDINAND OIL MILLS PLC 2009  Regulatory: NSE
25 CHRISTLIEB PLC 2009  Regulatory: NSE
26 BCN PLC 2009  Regulatory: NSE
27 LIZ-OLOFIN & COY. PLC 2009  Regulatory: NSE
28 OLUWA GLASS COY. PLC 2009  Regulatory: NSE
29 ASABA TEXTILE MILLS PLC 2009  Regulatory: NSE
30 ABOSELDEHYDE LAB. PLC 2009  Regulatory: NSE
31 EPIC DYNAMIC PLC 2009  Regulatory: NSE
32 FADMAD PLC 2009  Regulatory: NSE
33 ABA TEXTILE MILLS PLC 2009  Regulatory: NSE
34 AFPRINT PLC 2010  Regulatory: NSE
35  INCAR PLC 2010  Voluntary
36 NIGERCEM PLC 2011  Regulatory: NSE
37 DAILY TIMES PLC 2011  Regulatory: NSE
38 ALBARKA AIRLINE PLC 2011  Regulatory: NSE
39 FOREMOST DAIRIES PLC 2011  Regulatory: NSE
40 WIGGINS TEAPE NIG. LC 2011  Regulatory: NSE
41 OKITIPUPA OIL PALM PLC 2011  Regulatory: NSE
42 FIRST CAP. INV. & TRUST PLC 2011  Regulatory: NSE
43 FLEXIBLE PACKAGING PLC 2011  Regulatory: NSE
44 NEWPAK PLC 2011  Regulatory: NSE
45 KRABO NIGERIA PLC 2011  Regulatory: NSE
46 TROPICAL PETRO. PLC 2011  Regulatory: NSE
47 NIGERIAN BOTTLING COY PLC 2011  Voluntary
48 NAMPAK PLC 2011  Voluntary
49 UNITED NIG. TEX. PLC 2011  Voluntary
50 BANK PHB PLC 2011  Nationalised: CBN
51 AFRIBANK PLC 2011  Nationalised: CBN
52 SPRING BANK PLC 2011  Nationalised: CBN
53 INTERCONTINENTAL BANK PLC 2011  Merged with Access Bank Plc.
54 OCEANIC BANK PLC 2011  Merged with ETI
55 FINBANK PLC 2011  Merged with FCMB Plc.
56 ECOBANK PLC 2011  Absorbed by ETI: Now Ecobank Nigeria Ltd
57 ABPLAST PLC 2012  Regulatory: NSE
58 UDEOFOSIN GARMENT PLC 2012  Regulatory: NSE
59 HALLMARK PAPER PRODUCT PLC 2012  Regulatory: NSE
60  BACGO BAG PLC  April 11, 2013  Merged with Flour Mills Plc
61 CRUSADER NIGERIA PLC  May 13, 2013 Merged with Custodian & Allied Insurance Plc.
62 WEST AFRICAN ALUMINIUM PLC  June 3, 2013  Regulatory: NSE
63 NIGERIAN WIRE INDUSTRY PLC  Jun2 3, 2013  Regulatory: NSE
??

 

Source: NSE

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